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Fallingwedgepattern

BERA Defies Market Trends, Eyes 160% Surge Amid Bullish MomentumIn a market facing significant volatility, BIST:BERA has emerged as a top-performing Layer 1 (L1) blockchain coin, surging 13% in 24 hours and inching closer to its all-time high (ATH) of $15.20. With a resurgence in buying pressure, increased spot inflows, and a strong technical outlook, BIST:BERA is positioning itself for a remarkable recovery. Why is BIST:BERA Pumping? - Strong Buying Pressure: The Chaikin Money Flow (CMF) indicator stands at 0.04, signaling bullish inflows. - Capital Movement: After witnessing $2.6 million in outflows, BIST:BERA has now recorded $316K in fresh spot inflows, indicating renewed investor interest. - Investor Sentiment: Holders are choosing to accumulate rather than sell, reinforcing long-term confidence in the asset’s value. Moby Expands to Berachain, Strengthening Its DeFi Ecosystem A pivotal development for the Berachain ecosystem is the launch of Moby, the No.1 options protocol on Arbitrum, on the Berachain Mainnet. Moby has facilitated over $3.5 billion in total trading volume and is now set to transform on-chain derivatives trading within the Berachain network. Berachain distinguishes itself as an EVM-identical Layer 1 blockchain that operates on the revolutionary Proof of Liquidity (PoL) consensus mechanism. Unlike traditional Proof-of-Stake (PoS) networks, PoL embeds liquidity provisioning directly into the security model, ensuring that validators, applications, and users benefit from a seamless and capital-efficient ecosystem. Moby’s selection for Berachain’s prestigious Request for Application (RFA) program signals its critical role in the ecosystem. The protocol has also forged key partnerships with Kodiak, Infrared, PumpBTC, and GMX, further expanding its influence in DeFi. Technical Outlook: BIST:BERA ’s Bullish Setup At the time of writing, BIST:BERA is up 4%, ranking among the top-performing altcoins of the week. Despite a 65% decline from its listing price, key indicators suggest that BIST:BERA could be on the verge of a substantial breakout: - Relative Strength Index (RSI) at 65: Holding strong, indicating sustained momentum without being overbought. - Falling Wedge Pattern: A classic bullish reversal pattern, hinting at an imminent uptrend. - Potential 160% Surge: BIST:BERA could aim to reclaim its previous ATH of $15.20, presenting a significant upside opportunity. Conclusion With a combination of **strong technical indicators, surging capital inflows, and an expanding DeFi ecosystem**, BIST:BERA is well-positioned for a significant rally. As the asset gains traction, traders and investors should closely monitor its price action, as the next leg up could be the most explosive yet. Will BIST:BERA reclaim its ATH and set new records? The market is watching, and the momentum is undeniable.
Long
by DEXWireNews
Bitcoin Analysis—Bulls vs Bears—Who Will Win This Battle!?As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) attacked the Support zone($96,520-$95,720) and 100_SMA(Daily) but started to rise again. The increase in the last few hours has NOT been accompanied by high volume so far. Bitcoin is moving in the Resistance zone($100,520-$97,200) and near the Potential Reversal Zone(PRZ) , the upper lines of the Falling Wege Pattern , the Monthly Pivot Point , and 50_SMA(Daily) . According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Expanding Flat(ABC/3-3-5) near the upper lines of the Falling Wege Pattern . If Bitcoin goes above $99,200 , this wave count will expire . Educational tip : If you cut the falling wedge pattern exactly in half, you will notice that most of the candles are in the lower half, and whenever Bitcoin hits the upper lines, it starts to fall immediately, which means that the power of sellers is more than buyers. Although the wedge pattern is a bullish pattern, we cannot expect an increase until the upper line is validly broken. I expect Bitcoin to re-attack the 100_SMA(Daily) and Support zone($96,520-$95,720) in the coming hours, and if it breaks , it will also attack the lower line of the falling wedge pattern . Note: If Bitcoin breaks the upper lines of the falling wedge pattern in huge volumes, we should most likely wait for the break of the Resistance zone($100,520-$97,200). However, the main resistance of Bitcoin is the $107,000 range. Note: If Bitcoin manages to break the lower line of the falling wedge pattern and 100_SMA(Daily), we should wait for Bitcoin to attack the Heavy Support zone($93,300-$90,500) and Support lines. Which scenario do you think will happen to Bitcoin? Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
17
Uptrend & Downtrend Bullish Falling Wedge Pattern TutorialA bullish falling wedge is a charting pattern that signals a potential reversal from a downtrend to an uptrend. Here's a breakdown of its key characteristics: Shape: The pattern forms a wedge that slopes downward, with the upper trendline connecting the highs and the lower trendline connecting the lows. The key is that the highs and lows get closer together as the pattern develops. Trend: It typically forms during a downtrend, indicating that selling pressure is decreasing. Breakout: The pattern is bullish when the price breaks above the upper trendline. This breakout suggests that the downward trend is losing momentum, and an upward trend may follow. Volume: During the falling wedge formation, volume tends to decrease, which supports the idea that selling pressure is diminishing. Retest: After the breakout, it's common for the price to retest the upper trendline, and if it holds, it provides further confirmation of the bullish reversal. Example Imagine a stock that has been falling for several months. The price forms lower highs and lower lows, creating a narrowing wedge. Suddenly, the price breaks above the upper trendline with increased volume, signaling a potential reversal and the start of an upward trend.
NASDAQ:NVTSEducation
by RonnieV29
4
Square ($SQ) Set to LAUNCH! 84% Upside!🔥 Square ( NYSE:SQ ) Ready to Skyrocket! 84% Upside! 🚀 📢 High Five Setup Alert on Block ( NYSE:SQ )! My H5 Indicator is flashing green, signaling a prime opportunity to take a position in $SQ! Key Highlights: Bullish Breakout: We’ve broken out of the Bullish Falling Wedge pattern and successfully retested. Volume Ignition: Launching off the volume shelf with a volume gap to fill, setting up for a powerful move. 📈 Price Targets: Primary Target: $149 Main Move Target: $162 This setup is primed for action! Will you be adding NYSE:SQ to your watchlist? Stay tuned for more insights! 👍 Like | Follow | Share 👍 Stay updated with weekly trade ideas using my HIGH-FIVE SETUP trading strategy. Don’t miss out on the next big move!
NYSE:XYZLong
by RonnieV29
4
EURUSD - Technical Analysis [Long Setup]🔹 EURUSD Analysis on 4H chart - The current Trend is BEARISH - There is BULLISH divergences - Reversal pattern is present which is falling wedge 🔹 Trade Plan For 1HR - Entry Level = 1.08750 - Stop Loss = 1.08339 - TP1 = 1.09170 - TP2 = 1.09653 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
Long
by Bountysoul
ICP/USDT: POTENTIAL FALLING WEDGE PATTERN!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! ICP/USDT forms a falling wedge-like structure in the daily time frame. It breaks out from the wedge and is currently, going on for a retest. Accumulate it at the retest level. Entry range:- $7.7-$8.1 Targets:- $10.6/$13.4/$16.8/$19.8 SL:- $6.26 What are your thoughts on ICP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
1
LCID falling down on weak revenue LONGLCID is in a falling wedge pattern again on the 30 minute chart. Eventually it will break out over the pattern. It has been in a simlar pattern in the recent past. This is now basically a tall bear flag in its consolidation portion. While price could go even lower, reversion to the mean says that it will retrace. The Fib tool suggests 3.35 over an intermediate term. LCID has a rich uncle in Saudi Arabia and its wealth fund. Most certainly, they will accumulate heavily at this price level. Shorts will buy to cover once there is a saturation of buying and price action follows in keeping with Wychoff's theory. The mass index has signaled a reversal. I will dip buy this like the SA traders and add to the position once some bullish momentum is seen.
NASDAQ:LCIDLong
by AwesomeAvani
SOUN breaks above falling wedge LONGSOUN has been falling since March 21st and in the past week in a falling wedge pattern. It broke out above the wedge early in the 4/4 session and I opened my long trade position soon after in three separate pieces. I have set targets based on pivots or consolidation levels on the trend down including a standard Fibonacci retracement. The trend up will be slow perhaps due to the general technology market recovery of the correction made for the ambiguities of the rate cut. I am projecting a trade profit of 30-40 %.
NASDAQ:SOUNLong
by AwesomeAvani
15
UVXY - VIX Futures ETF- rises from a falling wedge breakout LONGUVXY on the 30- minute chart is now in an establish falling wedge breakout. Increasing volumes lend support for bullish momentum as does the fear that rate cuts may be postponed the the market's bullrun may stall and correct. This chart is left clean with only trend lines drawn in recognizing that quite a few traders only have a basic subscription on Tradingview without the luxury of multiple indicators, alerts and so on. A rise in the VIX may be a signal to start trimming long positions or hedging with short trades.
CBOE:UVXYLong
by AwesomeAvani
KOLD triple leveraged inverse ETF for Natural Gas LONGKOLD on the 15 minute chart shows a prior uptrend followed by a large falling wedge pattern from which in broke out then to form another smaller falling wedge. Anchored VWAP bands are added showing price is now just above the support of the mean VWAP line also confluent with the Fibonacci retracement of the uptrend of the first 20 days of February. The RSI indicator shows relative strength low and less low time frame lines near to the 50 level. I see this as an excellent setup to take a long trade in KOLD with the target and stop loss on the chart looking to capture 15% upside.
AMEX:KOLDLong
by AwesomeAvani
CMDX's Epic Breakout: From Falling Wedge to Sky-High Targets! 🚀CMDX/USD: Navigating the Breakout and Continuation Patterns CMDX/USD Technical Analysis Overview: In a striking turn of events, CMDX/USD has shattered its major falling wedge structure, signaling a bullish momentum that has caught the eye of many traders. Following this breakout, CMDX/USD is currently crafting another continuation pattern, reminiscent of a falling wedge, suggesting that the bullish narrative is far from over. Key Fibonacci Retracement Levels to Watch: As CMDX/USD carves its path upwards, the Fibonacci retracement levels offer significant take-profit zones that traders should monitor closely: Initial Target Zone: The $.085-$.10 region, correlating with the 38.2% Fibonacci retracement level, serves as the first major area where traders might consider taking profits. Midway Point: Progressing further, the $.19-$.20 range aligns with the 50% retracement level, marking a critical halfway point in the asset's recovery journey. Higher Ambition: For those with a more bullish outlook, the $.55-$.88 zone, matching the 78.6% retracement level, presents an ambitious target, hinting at a strong bullish conviction. Ultimate Targets and Price Discovery: Top of the Wedge: The apex target at the top of the wedge stands at $2.70, a level that would not only confirm the strength of the current trend but also set the stage for potential price discovery. Beyond All-Time Highs: Should CMDX/USD venture into uncharted territories beyond its all-time high, the $9-$11 range emerges as the grand 1.272 Fibonacci extension level, offering a glimpse into the asset's long-term potential. Timeframe and Strategy: This unfolding scenario might span several months, urging traders to adopt a blend of patience and vigilance. Keeping a close eye on volume, market sentiment, and related macroeconomic factors will be crucial in navigating this journey. Conclusion: The CMDX/USD pair is painting a bullish tapestry, marked by breakout and continuation patterns that beckon traders with a long-term vision. As we traverse these Fibonacci landmarks, the journey promises to be both exhilarating and testing, with the ultimate prize lying in the mastery of timing and strategy. Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Always conduct your due diligence and consult with a financial advisor before making investment decisions.
OSMOSIS:CMDXUSDLong
by STP_MrNodeItAll